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ToddDown0's avatar

There have been comments made w.r.t. Xi weeding out fundamentalist military members from the CCP and being interested in reducing tension arising from Geopolitics and Chinese expansion, even including acceptance of Taiwan, but it does feel such a big step from his very recent attitudes and actions or are these just a screen to protect his position within the CCP?

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Derek Skinner's avatar

Headly, I think you have to say which economy you are referring to a) the bread and butter and happiness economy or b) the financial private money creation economy. In the London controlled, Prince Charles, feudal hierarchy, the Real economy is closed but the Financial economy is wide open among the players. In the Putin/Li version the Real economy is open to development but the control of money creation and infrastructure is a closed function of government within the Belt and Road area. I don't imagine China will open its capital account except on a government to government basis. In other words, I don't think the two systems can co-exist. Take your pick.

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